BBTC Declares 850% Interim Dividend, Reappoints MD Ness Wadia
The Bombay Burmah Trading Corporation Limited declared an interim dividend of 850% (₹17 per share) for FY25-26. The company also re-appointed Mr. Ness N. Wadia as Managing Director for five years from April 1, 2026. Unaudited financial results for Q3 FY26 were also approved.
The dividend declaration is a direct positive return to shareholders. The re-appointment of the MD provides leadership continuity, which is generally viewed positively.
The declaration of an interim dividend and the re-appointment of the Managing Director are positive developments for the company.
The Board of Directors of The Bombay Burmah Trading Corporation Limited (BBTC) met on 13th February, 2026, to approve the unaudited financial results for the third quarter and nine months ended 31st December, 2025. The board also declared an interim dividend of 850%, amounting to ₹17 per equity share of face value ₹2, for the Financial Year 2025-26. Friday, 20th February, 2026, has been fixed as the record date for this dividend payment.
Furthermore, the Board approved the re-appointment of Mr. Ness N. Wadia as the Managing Director for a period of 5 years, effective from 1st April, 2026, to 31st March, 2031. This re-appointment is subject to shareholder approval via postal ballot or an Extra-Ordinary General Meeting.
The board meeting commenced at 1:30 P.M. and concluded at 3:49 P.M.
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The Bombay Burmah Trading Corporation Limited filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by The Bombay Burmah Trading Corporation Limited. Read the original for the full detail.